Business advice for Flatpack Assembly Services franchisees
Congratulations on taking your next step with Flatpack Assembly Services! Here is information about the services we provide that will help you in your franchise journey.
How we help you
When you’re thinking of getting a franchise, you’ll have heaps of different ideas rushing though your head. And it seems that everyone you talk to has a different opinion!
Some people will think you’re crazy, while others will think it’s worth taking the plunge.
Our role is to help you make the best decision that’s right for you. We’ve been helping people, just like you, over the last 10 years get into franchising and make a success of it.
We help you with the big 3 important areas:
Set up of your business structure. This includes registrations with the ATO, etc
Set up of your cloud accounting software (QuickBooks Online)
Ongoing bookkeeping, accounting and tax (including GST and Income Tax Returns)
Specifically, these services include:
Set-up of your business, as company, trust or sole trader
Tax Registrations, including Tax File Number, ABN and GST registration
Advice on the most tax effective way to purchase business vehicles and other assets
Accounting software set-up, make sure it’s set up right for tax and GST
Training on how to use QuickBooks Online
Bookkeeping and paying wages
Prepare your Business Activity Statement (GST)
Prepare your Business Tax Return
We can also assist with your business plan (budget and cashflow forecast) and loan application to the bank if you require finance.
should i set up a company or be sole trader?
This is a really important decision to make. It’s worth thinking about carefully and talking it through. There are big benefits from trading through a company. It’s a better way to protect your assets and there are tax benefits too. But it needs to be right for your particular circumstances. There’s no one answer that’s right for everyone.
Feel free to give me a call to talk it over.
Franchise Accounting & Tax are accountants who specialise in working with franchise owners. We've been focusing on franchises since 2010 and have been working with Flatpack since they came to Australia in 2017.
We understand their system and what you need to get up and running as quick as possible.
This means you can get on with putting up the flatpacks, and we’ll look after the tax and financial side of things.
As a new franchisee, you can benefit from the special pricing which has been negotiated though Flatpack head office. This means a saving of 25% off our regular fees.
Set up Fees (once off )
Company set up $ 1,650 + gst
Software set up $ 250 + gst
Bookkeeping $ 180 + gst
Tax Return $ 65 - 95 + gst, depending on your business type
The fact that we look after so many of the Flatpack franchises means we know what you need to do to succeed. And we really can help with managing the financial side of your business.
Feel free to give me a call (no obligation). Or contact me using the form below, and I’d be happy to discuss this with you further.
Peter Knight - Director
0412 756 374